UNO Minda Limited (UNOMINDA) — Board Meeting | 4 August 2026(2 announcements)
UNO Minda announced the board approved a scheme to amalgamate its subsidiary Minda Onkyo India Pvt Ltd into the parent company, subject to shareholder and regulatory approvals. The merger will simplify the group structure, enhance operational efficiency, and improve financial scale. Shareholders will receive one INR 2 share for every 10,000 INR 10 shares held in the subsidiary. The transaction is valued at arm's length with fairness opinion from an independent merchant banker.
UNO Minda announced the board approved a scheme to amalgamate its subsidiary Minda Onkyo India Pvt Ltd with itself, subject to shareholder, creditor and NCLT approvals. The merger aims to create operational synergies, simplify the group structure and enhance scale in automotive components. Shareholders will receive 6 new shares for every 10,000 existing shares of the subsidiary. The transaction is valued at arm's length with fairness opinion from an independent merchant banker.
About UNO Minda Limited (UNOMINDA)
Automobile and Auto Components · Auto Ancillaries · Listed on NSE
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🔥 Also filed on 4 August 2026
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